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Bill

A 5857

Authorizes State Treasurer to sell as surplus property certain land and improvements in City of Trenton and Township of Lawrence in Mercer County.

2024-2025 Regular Session Introduced by Linda Greenstein and 3 co-sponsors

New Jersey law authorizes the State Treasurer to sell surplus state-owned properties in Trenton and Lawrence Township to raise revenue and reduce maintenance costs.

Approved P.L.2025, c.159.
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Bill Summary · A 5857

Legislative bill overview

Bill A 5857 authorizes New Jersey's State Treasurer to sell specific state-owned properties located in Trenton and Lawrence Township (Mercer County) as surplus assets. The bill passed both chambers unanimously and was signed into law in November 2025, enabling the state to divest from these parcels.

Why is this important

State-owned property sales can generate revenue for the state budget while potentially reducing ongoing maintenance and operational costs. The disposition of public land in urban and suburban areas also affects local development patterns, tax bases, and community planning—particularly significant in Trenton, which faces fiscal challenges.

Potential points of contention

  • Property valuation and pricing: Questions about whether properties are sold at fair market value or if sales undervalue public assets
  • Community impact and development: Concerns about what private entities will do with the land and whether local input was sought on future use
  • Loss of public assets: Permanent reduction in state-owned property holdings may limit future public use or facility expansion options

Compiled from official sources — confirm details with the bill’s official record.

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